FXmans Position Calculator
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Emir Arabghannad
Hello, I'm Emir. I have been deeply involved in forex analysis for nearly 8 years, focusing specifically on macro news analysis and professional educational content. - 版本: 3.6
The FXmans Position Calculator is a high-precision trading tool designed for algorithmic risk management. Below is an explanation of its core components and functions in English:
1. Risk Management Engine
The indicator calculates your position size based on the specific risk you are willing to take per trade.
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Risk Mode: You can toggle between Percent (a fixed percentage of your account balance) or Fixed USD (a static dollar amount).
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R/R Ratio: This determines where your Take Profit (TP) level is automatically placed based on the distance between your Entry and Stop Loss (SL).
2. Interactive Dashboard
The dashboard displays critical trade data in real-time, categorized into two main columns:
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Direction: Indicates whether the setup is a BUY or SELL .
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Risk Amount: Shows the actual monetary value ($) at risk based on your settings.
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Entry/SL/TP Prices: Displays the exact price levels calculated from the lines on your chart.
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Calculated Lot: This is the most important field. It automatically calculates the optimal lot size based on your risk, the distance to your Stop Loss, and your broker's specific tick value/contract size requirements. It also respects your broker's volume constraints (Min/Max/Step).
3. Visual Controls
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Call Lines / Hide Lines (Toggle): This button acts as an On/Off switch. When you click "CALL LINES," the indicator places an Entry line (Aqua) and a Stop Loss line (Magenta) at the current market price. When you click "HIDE LINES," all objects are removed from the chart to maintain a clean workspace.
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Interactive Dragging: Once the lines are active, you can simply click and drag them anywhere on the chart. As you move the Entry or Stop Loss lines, the dashboard updates the Lot Size and Take Profit levels in real-time.
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Automatic Labels: The indicator automatically draws text labels ( ENTRY , SL , TP ) at the right edge of your lines, so you never lose track of which level is which.
4. Safety Features
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Broker Normalization: The system automatically normalizes the lot size to comply with your broker's minimum and maximum volume limits, preventing Invalid Volume execution errors.
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Universal Compatibility: It uses dynamic Tick Value and Point data, making it compatible with any asset (Forex, Indices, Crypto) regardless of the broker’s contract specifications.
How to use it:
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Click "CALL LINES" on the dashboard.
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The lines will appear on the current price.
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Move the Aqua (Entry) and Magenta (SL) lines to your desired setup points.
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Check the "CALCULATED LOT" field on the panel for your risk-adjusted size.
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Place your manual trade using the lot size shown.
